I remember someone saying on this board Kraken issues is not reported because there is no change in guidance hence no need to report. well we've had the change now.....All toss from the rampers here.
I kept telling people on here we've been played by the management. They don't give a toss about shareholders..... They wanna take it down to the 17's again and load up and sell 25p....rinse and repeat. So all the work on MAGNUS and we still producing less....tells me why BP wanted to get rid of that asset. Buying old assets with massive decommissioning liabilities, 20% decrease in production every year. Why the **** did we buy Magnus in the first place.... Lets see what positives the likes of Therapist, Pelle and Romaron can see in this update as I can't see **** all.... On the positive atleast AB didn't tried to gloss his up. He pretty much said it how it is....WE ARE GOING DOWN and we will take all you shareholders with us..
Let's see how AB try to gloss or hide the kraken issues...... Wouldn't be surprise if we see 18p again....and if Brent goes to 70's again you can bet ENQ will be the first one to collapse into low teens....
SOmething doesn't feel right about this share... Market knows something we don't and as usual Enquest IR thinks there is not need for RNS as it's not market sensitive info...BULLOCKS